BASIC ATTENTION TOKEN - BAT/USD - Daily - Technical analysis published on 08/04/2023 (GMT)
- 146
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
61%
17%
22%
My opinion
Neutral between 0.185843 USD and 0.227579 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.227579 USD. The first support is located at 0.185843 USD. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by BASIC ATTENTION TOKEN - BAT/USD.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BASIC ATTENTION TOKEN - BAT/USD rating 0.205532 USD. The price has increased by +1.94% since the last closing and was traded between 0.201137 USD and 0.206808 USD over the period. The price is currently at +2.19% from its lowest and -0.62% from its highest.0.201137
0.206808
0.205532
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of BASIC ATTENTION TOKEN - BAT/USD indicates that the overall trend is not clearly defined. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.166213 | 0.205532 | 0.209015 | 0.257416 | 0.294772 |
| Change (%) | -19.13% | - | +1.69% | +25.24% | +43.42% |
| Change | -0.039319 | - | +0.003483 | +0.051884 | +0.089240 |
| Level | Major | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.185843 | 0.192081 | 0.196855 | 0.203093 | 0.207867 | 0.214105 | 0.218879 |
| Camarilla | 0.198600 | 0.199609 | 0.200619 | 0.201628 | 0.202637 | 0.203647 | 0.204656 |
| Woodie | 0.185110 | 0.191715 | 0.196122 | 0.202727 | 0.207134 | 0.213739 | 0.218146 |
| Fibonacci | 0.192081 | 0.196288 | 0.198887 | 0.203093 | 0.207300 | 0.209899 | 0.214105 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.172659 | 0.182834 | 0.192506 | 0.202681 | 0.212353 | 0.222528 | 0.232200 |
| Camarilla | 0.196719 | 0.198538 | 0.200358 | 0.202177 | 0.203996 | 0.205816 | 0.207635 |
| Woodie | 0.172407 | 0.182708 | 0.192254 | 0.202555 | 0.212101 | 0.222402 | 0.231948 |
| Fibonacci | 0.182834 | 0.190416 | 0.195100 | 0.202681 | 0.210263 | 0.214947 | 0.222528 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.144107 | 0.164150 | 0.185843 | 0.205886 | 0.227579 | 0.247622 | 0.269315 |
| Camarilla | 0.196060 | 0.199885 | 0.203711 | 0.207537 | 0.211363 | 0.215189 | 0.219014 |
| Woodie | 0.144933 | 0.164563 | 0.186669 | 0.206299 | 0.228405 | 0.248035 | 0.270141 |
| Fibonacci | 0.164150 | 0.180093 | 0.189943 | 0.205886 | 0.221829 | 0.231679 | 0.247622 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.00 | |
| MACD (12,26,9): | 0.0017 | |
| Directional Movement: | 10.785697 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.204490 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.219368 | |
| Elder Ray (13): | 0.000866 | |
| Super Trend (3,10): | 0.178332 | |
| Zig ZAG (10): | 0.205668 | |
| VORTEX (21): | 1.0017 | |
| Stochastique (14,3,5): | 46.58 | |
| TEMA (21): | 0.205203 | |
| Williams %R (14): | -37.95 | |
| Chande Momentum Oscillator (20): | -0.000899 | |
| Repulse (5,40,3): | 0.9659 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1337 | |
| Courbe Coppock: | 1.95 |
| MA7: | 0.205257 | |
| MA20: | 0.202285 | |
| MA50: | 0.196480 | |
| MA100: | 0.206947 | |
| MAexp7: | 0.203883 | |
| MAexp20: | 0.202201 | |
| MAexp50: | 0.201675 | |
| MAexp100: | 0.208845 | |
| Price / MA7: | +0.13% | |
| Price / MA20: | +1.61% | |
| Price / MA50: | +4.61% | |
| Price / MA100: | -0.68% | |
| Price / MAexp7: | +0.81% | |
| Price / MAexp20: | +1.65% | |
| Price / MAexp50: | +1.91% | |
| Price / MAexp100: | -1.59% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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